Procurement Manager

Core Procurement Skills:

• Sourcing and Supplier Selection:

  • Identifying and selecting reliable suppliers who can meet quality, cost, and delivery requirements.
  • Conducting supplier evaluations and assessments, considering factors such as reputation, financial stability, and production capabilities.
  • Building a supplier database and maintaining relationships with suppliers to ensure competitive pricing and high-quality goods.

• Contract Negotiation and Management:

  • Negotiating contracts, terms, and pricing with suppliers to ensure the best possible deal for the company.
  • Drafting, reviewing, and managing procurement contracts, including service-level agreements (SLAs) and performance-based contracts.
  • Monitoring contract performance to ensure compliance with agreed terms and conditions.

• Cost Control and Budget Management:

  • Managing procurement budgets and ensuring that all purchasing activities stay within financial limits.
  • Identifying opportunities for cost reduction and optimizing procurement spending while maintaining quality standards.
  • Developing strategies for purchasing in bulk, negotiating discounts, and maximizing savings.

• Inventory Management:

  • Overseeing inventory levels to ensure that products are ordered in a timely manner and stock levels are maintained.
  • Collaborating with inventory and warehouse teams to manage supply levels and avoid overstocking or stockouts.
  • Implementing just-in-time (JIT) inventory systems or other methods to reduce inventory costs.

• Risk Management:

  • Identifying and mitigating risks associated with suppliers, market volatility, and procurement processes.
  • Developing contingency plans for supply chain disruptions, price fluctuations, or delays.
  • Monitoring supplier performance to ensure that risks related to quality, lead times, or financial stability are minimized.

• Procurement Strategy and Planning:

  • Developing and implementing procurement strategies that align with the organization's overall business objectives.
  • Analyzing market trends and understanding supply chain dynamics to forecast future procurement needs.
  • Collaborating with other departments (e.g., finance, operations) to align procurement goals with organizational priorities.

• JOB PURPOSE:
• Responsible for and plans, organizes, and manages the procurement process for RLNG Project.
• Ability to fit purchase into project ecosystem besides maintaining freight and supply chain costs.
• Managing diverse procurement activities and aligning with design engineering.
• Develop and maintain productive relationships with direct reports, senior management, vendors, other support groups, and project team members.
• Review of all purchase orders and contracts.
• Ensuring accuracy and adequacy of purchasing/contracts negotiation and supply chain administration activities.
• Fulfillment of various supply chain requirements relating to project performance.
• Timeliness, accuracy, and adequacy of problem identification, status reporting, and corrective actions.
• Negotiation of T&C, Prices, and Vendor Management.
• Coordination with expediting and project management teams during project execution to maintain on-time material delivery and supply.
• Qualifications, Experience, Knowledge & Skills:

Minimum Qualification:

• Bachelor’s degree in engineering or equivalent.

Minimum Experience & Knowledge & Skills:

• 20+ years of diverse experience in Procurement Management including at least 5 years’ experience in Procurement, with at least 10 years of experience focused on Procurement in the Oil, Gas, or Petrochemical industry.